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| Germany and their cars; coming around to fair trade | |
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| Tweet Topic Started: Jun 20 2018, 08:39 PM (309 Views) | |
| Brewster | Jun 22 2018, 05:21 AM Post #31 |
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Fire & Ice Senior Diplomat
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If we tried to match the US, we'd have to push our subsidies and tax breaks to new highs - I don't think we could afford it. The US has always subsidized products and handed out tax breaks more than Canada ever did, and you can't afford it either - look at your soaring debt. |
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| Berton | Jun 22 2018, 05:57 AM Post #32 |
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Thunder Fan
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Prove it. |
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| Brewster | Jun 22 2018, 06:21 AM Post #33 |
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Fire & Ice Senior Diplomat
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You think I'm going to review every Billion Dollar subsidy the US has paid out over the years? Forget it. But let's look at the latest kerfuffle, Milk subsidies: Dairy Subsidies US Government Subsidies - At least $5.7 Billion per year, probably a couple of Billion more. Canada's Taxpayer Paid Subsidies - Zero. And How about Automobile Subsidies? Canada has become a Bit Player in Auto Subsidies Think man, think. Edited by Brewster, Jun 22 2018, 06:29 AM.
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| Brewster | Jun 22 2018, 06:55 AM Post #34 |
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Fire & Ice Senior Diplomat
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Just for the heck of it, I looked up Commercial Airliner production subsidies:
The score? Boeing about $77.5 Billion in subsidies, and another $94.5 Billion in guaranteed sales over 15 Years. Bombardier about $1.4 Million in the last year from the Feds, $1 Billion (with strings) from Quebec. Canada is not even in the same league as the US when it comes to subsidies. |
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| ImaHeadaU | Jun 22 2018, 07:16 AM Post #35 |
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Fire & Ice Senior Diplomat
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Please show us how much if any the U.S. dropped it's subsidies. |
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| Pat | Jun 22 2018, 07:47 AM Post #36 |
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Fire & Ice Senior Diplomat
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That's not true in the United States but nice try. |
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| Pat | Jun 22 2018, 07:51 AM Post #37 |
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Fire & Ice Senior Diplomat
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In rare instances our government hands out cash, generally any help is in the realm of tax or fee reductions or allowances. This has nothing to do with our dept. Our debt is not handled they way you would handle general ledger accounts. The debt is never going to be paid and is but a bench mark used to express our economy. Our inflation is kept in check and we always have plenty of money available in the economy. |
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| Pat | Jun 22 2018, 07:55 AM Post #38 |
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Fire & Ice Senior Diplomat
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When discussing trade, tariffs, and markets, I think it's important to note that Canada's largest companies by value, and largest employers, tend to be foreign-owned in a way that is more typical of a developing nation than a G7 member. The best example is the automotive sector, one of Canada's most important industries. It is dominated by American, German, and Japanese giants. Although this situation is not unique to Canada in the global context, it is unique among G-7 nations, and many other relatively small nations also have national automotive companies. |
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| ImaHeadaU | Jun 22 2018, 08:34 AM Post #39 |
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Fire & Ice Senior Diplomat
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GM's business is booming in China |
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10:33 PM Jul 11
